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High-yielding Indian sugar industry incurs losses due to cheap imports
date:Jan 18, 2013
vers of countrys rural economy, is already suffering owing to excessive controls of the central and state governments, coupled with recent hikes in cane prices across the country.

Inexpensive import due to low import duty is adding to the heavy losses to the industry which may result into huge cane price arrears. Government should increase the import duty immediately from the existing 10 per cent to 30 per cent or more to create a level playing field for the domestic industry, he added.

P Ram

12/24 05:29